| 1 | Museum of New Mexico Foundation Santa Fe | $54.5M | $16.2M | $54.9M |
| 2 | The Santa Fe Opera Santa Fe | $41.2M | $35.1M | $191.2M |
| 3 | Georgia Okeeffe Museum Santa Fe | $26.5M | $10.9M | $137.9M |
| 4 | National Dance Institute New Mexico INC Santa Fe | $16.7M | $9.1M | $55.7M |
| 5 | Center for Action and Contemplation INC Albuquerque | $14.7M | $14.4M | $17.6M |
| 6 | Explora Science Center & Childrens Museum of Albuquerque Albuquerque | $14.4M | $12.0M | $14.5M |
| 7 | Santa Fe Chamber Music Festival Endowment Foundation Santa Fe | $14.4M | $4.6M | $16.0M |
| 8 | Supporting Organization for the Georgia Okeeffe Museum Santa Fe | $8.2M | $6.5M | $82.0M |
| 9 | Site Santa Fe Santa Fe | $7.5M | $6.5M | $22.1M |
| 10 | Indian Pueblo Cultural Center INC Albuquerque | $4.9M | $4.8M | $14.5M |
| 11 | Center of Southwest Culture INC Albuquerque | $4.6M | $4.6M | $3.0M |
| 12 | Albuquerque Museum Foundation INC Albuquerque | $4.6M | $2.7M | $18.2M |
| 13 | The International Ufo Museum & Research Center at Roswell New Roswell | $3.5M | $2.5M | $10.2M |
| 14 | International Folk Art Alliance INC Santa Fe | $3.4M | $3.0M | $8.1M |
| 15 | Santa Fe Chamber Music Festival Ltd Santa Fe | $3.3M | $3.1M | $1.3M |
| 16 | New Mexico Philharmonic INC Albuquerque | $3.2M | $3.1M | $837K |
| 17 | Roswell Artist in Residents Foundation Roswell | $3.2M | $0 | $12.9M |
| 18 | National Atomic Museum Foundation Albuquerque | $3.1M | $2.8M | $7.8M |
| 19 | Flower Hill Institute Jemez Pueblo | $2.9M | $2.9M | $1.2M |
| 20 | Eddy County Fair Association Carlsbad | $2.8M | $2.8M | $2.8M |
| 21 | Couse Foundation Taos | $2.7M | $2.6M | $10.4M |
| 22 | New Mexico Philharmonic Foundation INC Albuquerque | $2.5M | $429K | $2.6M |
| 23 | Radius Books INC Santa Fe | $2.5M | $1.6M | $4.5M |
| 24 | The National Institute of Flamenco Albuquerque | $2.4M | $2.3M | $1.9M |
| 25 | Wheelwright Museum of the American Indian Santa Fe | $2.4M | $1.9M | $7.7M |
| 26 | Southwestern Association for Indian Arts INC Santa Fe | $2.1M | $1.6M | $452K |
| 27 | Public Lands Interpretive Association Albuquerque | $2.0M | $2.0M | $564K |
| 28 | Active Implementation Research Network INC Albuquerque | $2.0M | $0 | $2.6M |
| 29 | El Rancho de Las Golondrinas INC Santa Fe | $2.0M | $2.0M | $23.0M |
| 30 | Stagecoach Foundation INC Santa Fe | $1.7M | $0 | $3.6M |
| 31 | Opera Southwest Albuquerque | $1.7M | $1.7M | $1.7M |
| 32 | The National Center for Frontier Communities Silver City | $1.6M | $1.6M | $292K |
| 33 | Santa Fe Childrens Museum INC Santa Fe | $1.4M | $1.4M | $6.4M |
| 34 | Whited Foundation 080188 Raton | $1.4M | $0 | $1.5M |
| 35 | San Juan County Museum Association Bloomfield | $1.4M | $1.3M | $2.1M |
| 36 | National Hispanic Cultural Center Foundation Albuquerque | $1.4M | $1.2M | $1.5M |
| 37 | Attiyeh Foundation Taos | $1.3M | $0 | $7.9M |
| 38 | Chicago Woodman Foundation INC Belen | $1.2M | $0 | $1.2M |
| 39 | Santa Fe International Literary Festival INC Santa Fe | $1.2M | $1.2M | $366K |
| 40 | Talking Talons Youth Leadership Cedar Crest | $1.2M | $700K | $705K |
| 41 | International Folk Art Foundation Santa Fe | $1.2M | $1.2M | $36.7M |
| 42 | Santa Fe Playhouse Santa Fe | $1.2M | $1.2M | $979K |
| 43 | Amp Concerts Albuquerque | $1.2M | $1.2M | $3.8M |
| 44 | Santa Fe Pro Musica INC Santa Fe | $1.2M | $1.2M | $385K |
| 45 | Iayv INC Arroyo Seco | $1.1M | $1.1M | $45K |
| 46 | New Mexico Ballet Company Albuquerque | $1.0M | $1.0M | $1.5M |
| 47 | American Collegiate Talent Showcase INC Las Cruces | $980K | $96K | $234K |
| 48 | Taos School of Music Incorporated Taos | $941K | $941K | $3.6M |
| 49 | Outpost Productions INC Albuquerque | $941K | $941K | $1.9M |
| 50 | Gallup Inter-tribal Indian Ceremonial Association INC Gallup | $909K | $909K | $488K |